THE NATIONAL TRUST COMPANY.; PRESIDENT MANGAM'S UNWISE POLICY--MR. BEST'S REPORT DELAYED BY THE VARIED CHARACTER OF THE COLLATERAL SECURITIES--RUMORS OF A DEFALCATION SET AT REST.

The Board of Directors of the National Trust Company held a meeting yesterday afternoon, at which the Special Committee of Trustees who examined the affairs of the institution a few weeks ago presented their report.View Full Article in Timesmachine »

We are continually improving the quality of our text archives. Please send feedback, error reports,
and suggestions to archive_feedback@nytimes.com.

A version of this archives appears in print on December 7, 1877, on Page 8 of the New York edition with the headline: THE NATIONAL TRUST COMPANY.; PRESIDENT MANGAM'S UNWISE POLICY--MR. BEST'S REPORT DELAYED BY THE VARIED CHARACTER OF THE COLLATERAL SECURITIES--RUMORS OF A DEFALCATION SET AT REST. Order Reprints|Today's Paper|Subscribe